China

The Emirati utility and the Chinese communications giant and inverter maker have discussed how they can work together to roll out solar and storage in Dubai as well as collaborating on cyber security and the use of AI to analyze cyber threats.

With the anti-dumping and countervailing duties imposed in November 2013 set to expire nine months ago, the Canadian International Trade Tribunal has extended them for another five years, ruling their expiry would harm the nation’s only domestic manufacturer.

According to official statistics produced by the nation’s National Energy Administration, China’s cumulative installed PV generation capacity had reached 185.5 GW at the end of June.

Chinese string inverter manufacturer Ginlong Solis ranked third among Asian inverter brands in BloombergNEF’s latest industry scorecard.

Meyer Burger’s new chairman has acknowledged that the outlook remains tense for Europe’s largest solar equipment supplier, but he is urging shareholders to support the company’s plan to reposition itself to focus on high-yield technologies and markets beyond China.

Solibro will probably file for insolvency this month, according to German media reports. However, the company has yet to publicly confirm the matter.

The opening pages of the first-half update published on the Hong Kong exchange made all the right noises with the company set to be acquired by a Chinese state-owned entity. But the balance sheet makes for shocking reading.

Two reports have described how the world’s largest renewable energy market is moving towards maturity. According to the Brookings Institution, the Chinese clean energy market could become more open to Western investors and tech. A report by Fitch claims projects are moving back to inland provinces from coastal regions.

The state-owned State Power Investment Corp Ltd has received a bid of 25 cents per watt for monocrystalline panels in a tender to procure 3.04 GW of PV module capacity.

The latest figures show the solar policy vacuum, and related dearth of demand in China earlier this year accelerated price reductions for cell makers. Although prices are expected to rebound in line with renewed thirst for solar in China, cell makers such as Tongwei are feeling the pain.

The heavily-indebted Chinese BIPV manufacturer has warned the petition issued by the German lender to recover a disputed $6.27 million debt could threaten the survival of the business as it would halt a planned bail-out by Beijing.

China’s transition away from solar subsidies will redraw the industry’s expansion lines towards the country’s interior, experts have predicted.

Two subscribers who signed up to a 20% discounted shares subscription in mid June ended up yesterday paying almost the same percentage as a premium on the trading price of the stock.

The Chinese manufacturer is forging ahead with a new gigafactory despite a regulatory decision last year which halted its plans to raise a significant chunk of the costs by issuing convertible bonds. Risen expects to be back on the upswing when it confirms its first-half figures.

South Korea’s largest PV project is scheduled for commissioning by next year. The project developer – Korean floating PV specialist Scotra – is also planning a 2.5 MW offshore solar project with the support of the government.